Saeima supports higher fines for Road Traffic Law violations
Saeima today approved in the second reading amendments to the Road Traffic Law, which envisage higher fines for speeding. The amendments stipulate imposing a fine of between EUR 720 and [..]
Saeima passes amendments introducing 20% advance tax for banks and nonbank lenders
The Saeima on Thursday passed in the final reading government-approved amendments to the Corporate Income Tax Law introducing a 20 percent advance income tax for banks and nonbank lenders, payable [..]
Saeima endorses single tax rate of 25% for all micro-enterprises
The Saeima on Thursday endorsed draft amendments to the Micro-enterprise Tax Law setting a single 25 percent tax rate for all micro-enterprises. The government adopted the draft amendments as part [..]
Saeima Speaker Daiga Mierina (Greens/Farmers) received Latvia’s 2024 draft budget from Finance Minister Arvils Aseradens (New Unity) on Friday. The traditional presentation of the budget portfolio was also attended by [..]
Greens/Farmers politician Mierina voted in as Saeima speaker
MP Daiga Mierina (Union of Greens and Farmers, ZZS) was voted in as Saeima speaker on Wednesday. Mieriņa was previously chairwoman of the Saeima’s State Administration and Local Government Committee, [..]
Saeima on Friday approved a new government led by Prime Minister Evika Silina (New Unity). 53 MPs voted to support the new government. Three ministers in the new government are [..]
Half of new coalition’s 16 positions to go to New Unity, five to Greens/Farmers, three to Progressives
Of the 16 positions in the government and Saeima that will be distributed among the new coalition partners, eight will go to New Unity, five to the Union of Greens [..]